Locust Point Condos

2429 Locust Street [Google Maps]

We Have Sold Multiple Condos Here

We named this one of the 10 Best Philadelphia Condo Buildings - 2009 and 2016

Drone Footage of Locust Point Condominiums

  • Locust Point Condominiums
  • Locust Point Condominiums
  • Locust Point Entrance
  • Locust Point Condominiums
  • Locust Point Condominiums
  • 2429 Locust Street Condos Lobby
  • 2429 Locust Street Condos Lobby
  • 2429 Locust Street Condos Lobby
  • Locust Point Condos Open Layout
  • Locust Point View From Loft
  • Locust Point Living Room
  • 2429 Locust Street Living Room
  • Locust Point Windows
  • Locust Point Condo Kitchen
  • Locust Point Kitchen
  • Locust Point Loft Bedroom
  • Locust Point Bathroom
  • Locust Point Washer and dryer
  • Locust Point Patio
  • Locust Point Path to Trail
  • Locust Point Bike Trail
  • Schuylkill River Trail

Ranging from 592 - 1,028 sq ft, the condos at Locust Point are a community of 110 one- and two-bedroom condominiums located at 25th and Locust Streets in the highly desirable Fitler Square neighborhood. Situated on the Schuylkill River waterfront adjacent to The Schuylkill River Park, Locust Point Condos are a great buy, especially if you are looking for condos near The University of Pennsylvania.

The was no increase on condo fees for 2018. Locust Point is a desirable condo conversion in The Fitler Square neighborhood of Center City Philadelphia. These condos were the winner of 8 Building Industry Awards, including "Community of the Year" and "Best Condo". This architecturally unique building is finished with luxury amenities such as stainless steel appliances, hardwood floors, granite countertops, high ceilings (approximately 15 feet) and new, huge windows with a wonderful southern exposure. On-site parking is available for an additional charge. On-site gym is open to residents at no additional charge. Locust Point is a non-smoking building.

Quick Sales Stats

  • 2018: 7 Sales - Top price $520,000
  • 2017: 6 Sales - Top price $509,000

Condo Fees Include:

  • Water & Sewer, Management Fee, Building Maintenance, Master Insurance Policy, common area lighting, trash removal, gym, and window cleaning once per year.
  • All new buyers pay a capital contribution and move-in fee, as is standard in condominiums throughout Philadelphia. Recent improvements have been made to the lobby and gym.

Additional Information:

  • Neighborhood: Fitler Square
  • Managed By: Reinhold Residential
  • Built in 1920
  • 110 Total Condos
  • Washer/Dryer in units
  • Pet-Friendly (2 pet per unit - 35 lb limit)
  • All units have a storage space (4'x3'x4')
  • Converted to condos in 2007
  • Unit Sizes: 592-1063 sq. ft. (One - Two Bedrooms Available)
  • 2 Elevators (1 passenger and 1 freight)
  • HVAC: Individually controlled with Central Air
  • On-Site Management
  • Many units have garage parking...adjacent lot offers rental parking as well
  • There are 75 parking spots on 2 levels on-site
  • There is a $49.50 per month association fee associated with an on-site parking space
  • Parking spots may be rented out to residents of Locust Point
  • Cross Streets: 25th and Locust
  • Walk Score *Next to Schuylkill River Jogging Trail
  • Compare to: Bridgeview Place, 251 S. 24th St.

Locust Point Condos at 2429-41 Locust St.- My Two Cents

I love Locust Point. I think the location, the composition of the building (in terms of unit sizes) and amenities are appropriate for the segment in which the building sits. I have actually sold a boatload of condos in the building.

I have probably brought more buyers to Locust Point than any other Realtor in town. Here is why:

Selling condos at Locust Point is like shooting fish in a barrel. Not difficult. Located on the western edge of Center City and adjacent to the Univ. Of Penn/Drexel campuses, the building is primarily made up of one bedroom condos and a smattering of two bedroom units. I think the largest unit in the building hovers around 1100 sq ft. Every spring we sell another 3 or 4 units in the building as the Penn and Drexel crowds come into the market. Though certainly this is not the only buying segment who may express an interest in the building- this is without a doubt the well in which most of our buyers originate. The building is not a doorman building, but looks and kinda' plays like one. On-site management , gym and every unit has a small storage space. Some folks bought a garage parking space when the building was turned into condos. Locust Point hold the recent record for "shortest sell out time"...when the building was turned into condos, it sold out fairly quickly. And for good reason....
The developer (Reinhold) took a building in a super strong location, and sized the units appropriately. He then replaced the roof, ALL the windows, refinished the lobby, the elevator, and the hallways. Then he went into each unit and replaced the HVAC, hot water tanks, and replaced kitchens and bathrooms, along with flooring. Buyers had a choice of like say 4 palettes to choose (from)... Though a few units were sold in original 1980's condition, most were rehabbed. Modest condo fees, easy access to the universities, and of course the jogging trail entrance is directly out the front door of the building.

So what are some of the factors that account for varying prices within Locust Point?

I think the width of the unit plays a role, as does the location within the building of the unit- the south side generally garners a higher sale price than the north side. And there is a HUGE price difference between east and west . Lower floor east units face a brick wall, and all western units have a STUNNING view of the river. And of course you may want to factor into some of the two bedroom units the distinction of whether the guest bedroom is a platform style or an enclosed bedroom. And lastly, I would think that the corner units command a higher sale price than non-corner units. Corner units have 2 bedrooms. There are 2 floor plans associated with the one bedroom units and 5 different plans associated with the 2 bedroom units. As of October 2017, the building has not had to impose any rental restrictions on unit owners. Pretty much anyway you slice it, Locust Point is in my opinion a solid investment with a kick-butt location in Fitler Square.

First the building was a warehouse...converted to apartments in 1985, then in 2007 they were converted to condominiums. Every year, I do my "TEN BEST CONDOS IN CENTER CITY"...and Locust Point condos seems to land on that list almost every year.

6 Things I Learned When I Reviewed The Condo Docs For Locust Point:

  • 1) Maximum two pets and max weight per pet is 35 pounds. Board may enforce breed restrictions.
  • 2) Two units may be joined together, but only with permission from the board.
  • 3) Parking is assigned and amendment # 4 shows which units have which parking spot.
  • 4) There was an operating surplus for 2017. The surplus was carried over to 2018's operating budget. Roof and dunnage replacement and exterior masonry restoration projects were completed in 2017. Passenger and service elevator modernization projects and common area upgrades, including hallway carpet replacement began in 2018.
  • 5) A two-month capital contribution is collected from all incoming buyers and goes to the association and not to the seller. This is standard for all condos in town.
  • 6) The 2018 Condo Assessment for operating expenses will remained the same at $0.37/SqFt

To Schedule a Showing at Locust Point call 215-521-1523 or email Mark.


On-Site Gym
On-site Gym
Pet Friendly Building
Pet Friendly Building
Parking Available
Select Units Have Parking

Floor Plans

1 Bedroom, 1 Bathroom

1 Bedroom 1 Bathroom
1 Bedroom + Den, 1 Bathroom

1 Bedroom 1 Bathroom Den
2 Bedrooms, 2 Bathrooms

2 Bedroom 2 Bathroom

Click on Floor Plan for a larger view!

Related Links

Click here to read our blog on Locust Point Condominiums.

Contact Mark Wade - Phone: 215.521.1523

Email Mark for more information on Locust Point Condos or call 215.521.1523

Please let Mark know if you are inquiring about a RENTAL or a SALE property - Thank You!

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The Center City Condos Sales Team is Jim, Mark, Jared, Randy, Matthew, Patrick, Kevin, Roe, Stephanie, Scott, Kris, Jaime, Steve, Melinda, and Nicole! We're here to help you find the perfect home in Center City Philadelphia. Don't hesitate to contact us for all of your real estate needs! We are familiar with a multitude of buildings and neighborhoods in Philly and would love to show you the wide variety of condos and homes available in the Philadelphia real estate market!

Team at has been the recipient of the Top 100 Award, ranking among the Top 100 real estate agents of the 55,000 Berkshire Hathaway HomeServices Fox & Roach, REALTORS nationwide for 15 years (2005 through 2019). In 2017, we became a 15 Year Legend Award winning sales team representing sales professionals and teams who have earned the Chairman's Circle award for 15 years.